
Geoff O’Reilly
I'm an early baby boomer. Australian. I've watched the world change. I don't claim expertise in anything in particular. Yes, I have a couple of dusty old university degrees on the wall, seen big business from the inside, been a business entrepreneur for 30+ years, raised capital, employed 1000+ people in a dozen or more countries, dealt with lawyers and governments, travelled, watched TV and read a lot. I rode the IT boom/bubble that burst in 2000. Made a bit and lost half of it: so I understand risk and acquired some wisdom. Enjoy the blog.-
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Tag Archives: group think
US jobs – spinning the data
There was quite some buoyancy in the commentary on the US economy last week. The US Bureau of Labor Statistics (BLS) released it’s monthly jobs data. Because the Federal Reserve has said it is more focused on employment than inflation, … Continue reading
Posted in employment
Tagged BLS, economic growth, employment, Federal Reserve, group think, jobs, US economy
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Australian entitlement is in for a great shock
David Llewellyn-Smith is on a roll. The ABC picked up his great article from Macro Business and put on The Drum at the weekend, summarised thus: “Australia’s business environment is unsustainable, and propping up dying companies like Qantas rather than … Continue reading
Australia’s mining boom … opportunity missed
That Australia has seen an epic boom in mining over the last 10 years is undisputed. Notwithstanding the uncertainties hanging around in the world economy, big export earnings from mining look set to continue. What have we got to show … Continue reading
Posted in debt, politics and leadership, why do people do what they do
Tagged delusion, group think, mining boom, Norway, priorities, resources, Singapore
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Inequality … the Pope weighs in …
The referendum in Switzerland I wrote about last week went down 65% to 35%. The Swiss decided that top salaries in a corporation should NOT be limited to 12 times bottom salaries. It probably failed because of the overreach of … Continue reading
Posted in inequality
Tagged elites, group think, inequality, Pope Francis, priorities
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Swiss fat cats
I have commented before about the interesting democratic process in Switzerland. If 100,000 people get activated about a single issue they can petition for a country wide referendum. This is a way better concept that having politicians argue over ridiculous … Continue reading
Posted in inequality
Tagged bank behaviour, elites, fat cat salaries, group think, inequality, investment banking, Wall Street
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The climate debate
You can look forward to a few posts from me on this debate … so let’s get started … This from the Guardian on November 5th … Carbon taxes and emissions trading systems are the most cost-effective way to reduce … Continue reading
Posted in climate change
Tagged carbon price, climate change, delusion, emissions trading, group think, Howard, Naomi Klein, politics, Tony Abbott
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